Sectorial split

Not available

Factsheet

SRRI risk indicator ²

Investment policy

The Sub-Fund seeks to outperform the 20% Eurostoxx 50 + 80% FTSE MTS Global composite index calculated with dividends reinvested, over the recommended investment period. Investors? attention is drawn to the fact that the management style is discretionary and integrates environmental, social / societal and governance (ESG) criteria. The overall investment strategy of the Sub-Fund is to seek to enhance the return on a wealth investment through active management of the portfolio of Euro denominated equities and fixed income products. It aims to provide an alternative to investments in bonds and convertibles bonds (directy or through mutual funds) as well as an alternative to Euro denominated funds benefitting from a capital guarantee. The Sub-Fund however dos not benefit from a guarantee on capital invested. The Sub-Fund is also managed taking into consideration Responsible and Sustainable principles and promotes environmental and/or social characteristics within the meaning of Article 8 of SFDR. Additional information on SRI strategy may be obtained in the prospectus of the Sub-Fund. The following limits apply: - For up to 100% of its net assets, the Sub-Fund may be exposed to fixed income securities. Within the limit the fixed income securities may mostly be denominated in Euro, composed of securities issued by public or private sector-issuers, and be incorporated in a country which is an OECD member state, without any ranting constraint including non-rated issues. - For up to 50% of its net assets the Sub-Fund may be exposed to securities belonging to the ?speculative grade? category (i.e. which have a rating below a Standard & Poor?s minimum A-3 short term or BBB- long term rating or equivalent) or non-rated. The Management Company shall not solely base its investment decisions on ratings assigned by independant rating agencies and can proceed to its own credit risk assessment. - For up to 35% of its net assets, the Sub-Fund may be exposed to equities. Within this limit, the equities may moslty be issued by issuers incorporated in OECD members states, belonging to all market capitalisations catergories, and denominated in Euro. Investment in equities issued by issuers which capitalisation is under 1 billion Euros may not exceed 5% of the net assets of the Sub-Fund. - Up to 5% of its net assets, the Sub-Fund may be exposed to securities which may qualify as distressed securities (i.e. which have a Standard & Poor?s rating below CCC long-term rating or equivalent). - The Sub-Fund may invest up to 15% of its net assets in Asset backed securities (ABS) inter alia mortgage backed securities (MBS) invested into shall consist of securities that are rated at least B- by Standard & Poor?s for example or that are considered of a comparable credit quality by the Management Company. The aggregate exposure to equities incorporated in non-OECD members states and/or (ii) fixied income securities issued by issuers incorporated in a non-OECD member state and/or guaranteed by a non-OECD member state, may not exceed 10% of the net asset of the Sub-Fund. - Up to 10% of its net assets in contingent convertibles bonds. The duration of the Sub-Fund's portfolio will be limited to 7 years. The Sub-Fund may invest up to 10% of its net assets in units and/or shares of UCITS and/or other UCIs including ETFs. In order to achieve the investment objective, the Sub-Fund may invest in equities or related financial derivative instruments for the purpose of hedging or increasing equity or interest rate risk without seeking overexposure. The Sub-Fund may also be exposed up to 100% of its net assets to financial derivative instruments or OTC derivatives such as, but not limited to, futures, options, CDS, CDS on indices, negotiated on regulated or OTC markets, for hedging or investment purposes (e.g. increasing equity exposure, interest rate risk, credit risk, without seeking overexposure). The Sub-Fund is actively managed and uses the benchmark for performance comparison purposes. This means the Management Company is taking investment decisions with the intention of achieving the Sub-Fund?s investment objective; this may include decisions regarding asset selection and overall level of exposure to the market. The Management Company is not in any way constrained by the benchmark in its portfolio positioning. The deviation from the benchmark may be complete or significant.

The investment policy of the fund is extracted from the KIID